Sectional Design Sectional Design Exploratory research Usually conducted during the initial stage of the research process Purposes To narrow the scope of the research topic, and To transform ambiguous problems into well-defined ones Explanatory research is research conducted in order to explain any behaviour in the market. It could be done through using questionnaires, group discussions, interviews, random sampling, etc. Diff between exploratory and conclusive research
Research Project Components: Research Purpose
Exploratory Research General: To generate insights about a situation Conclusive Research Specific: To verify insights and aid in selecting a course of action Research Project Components: Data needs Exploratory Research Vague Conclusive Research Clear Research Project Components: Data sources Exploratory Research Ill-defined Conclusive Research Well-defined Research Project Components: Data collection form Exploratory Research Open-ended, rough Conclusive Research Usually structured Research Project Components: Sample Exploratory Research Relatively small; subjectively selected to maximize generalization of useful insights Conclusive Research Relatively large; objectively selected to permit generalization of findings Research Project Components: Data collection Exploratory Research Flexible; no set procedure Conclusive Research Rigid; well-laid-out procedure
Research Project Components: Data analysis
Exploratory Research Informal; typically non-quantitative Conclusive Research Formal; typically quantitative Research Project Components: Inferences/recommendations Exploratory Research More tentative than final Conclusive Research More final than tentative